As of Friday close, Realty Income Corporation’s (NYSE:O) stock was down -$1.05, moving down -1.68 percent to $61.38. The average number of shares traded per day over the past five days has been 5,726,900 shares. 2 times new highs have been achieved over the past 5 days. In the last twenty days, the average volume was 4,189,615, while in the previous 50 days, it was 3,545,832.
Since last month, O stock retreated -7.56%. Shares of the company fell to $61.22 on 03/10/23, the lowest level in the past month. A 52-week high of $75.40 was reached on 02/02/23 after having rallying from a 52-week low of $55.50. Since the beginning of this year, O’s stock price has dropped by -3.23% or -$2.05, and marked a new high 10 times. However, the stock has declined by -18.59% since its 52-week high.
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Sponsored
O stock investors should be aware that Realty Income Corporation (O) stock had its last reported insider trading activity 19 days ago on Feb 27. Abraham Neil, the of the company, disposed of 26,600 shares for $65.34 on Feb 27. It resulted in a $1,738,118 divestment by the insider. Chapman A. Larry sold 7,000 shares at an average price of $67.97 on Sep 01. The insider now owns 10,090 shares following the transaction.
Valuation Metrics
Right now, Realty Income Corporation (O) has a P/E ratio of about 43.23. The stock’s beta is 0.81. Besides these, the trailing price-to-sales (P/S) ratio of 12.53, the price-to-book (PB) ratio of 1.35, and the price-to-cash flow ratio of 63.97 may also be considered.
The latest dividend of $0.2550 per share was paid out, which is 0.2% more than last year’s $0.2545.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.63, and the total debt-to-equity ratio was 0.63. On the profitability front, the trailing twelve-month gross margin is 93.20% percent. In the year ended September 29, operating margins totaled 24.20%. Based on annual data, O earned $803.89 million in gross profit and brought in $3.34 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.60%. Return on equity (ROE) for the past 12 months was 3.20%.
In Realty Income Corporation’s quarter-end financial report for September 29, it reported total debt of $1.1 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. O’s revenue rose 23.31% to $837.27 million during the quarter, while net income inched up to $888.65 million. While analysts expected Realty Income Corporation to report $0.33 quarterly earnings, the actual figure was $0.36 per share, beating the consensus estimate by 9.10%. During the quarter, the company generated $630.73 million in EBITDA. The value of shareholders’ equity is $660.52 million.
Technical Picture
This quick technical analysis looks at Realty Income Corporation’s (O) price momentum. With a historical volatility rate of 24.69%, the RSI 9-day stood at 31.31% on 17 March.
At present, O shares trade -7.43% below its 20-day simple moving average and +6.51% percent above its 100-day simple moving average. However, the stock is currently trading approximately -5.00% below its SMA50 and -10.03% below its SMA200.
Stochastic coefficient K was 23.64% and Stochastic coefficient D was 31.07%, while ATR was 1.31. Given the Stochastic reading of 4.36% for the 14-day period, the RSI (14) reading has been calculated as 34.30%. As of today, the MACD Oscillator reading stands at -0.61, while the 14-day reading stands at -1.03.